Auction
Glossary

Mortgage

Security right in rem that a creditor typically asserts by registration in the land register.

In brief

A mortgage is a security right in rem entered into the land register. For the enforcement file of a judicial auction the file around rank, collateral contract and service records is decisive.

Questions of rank, distribution and the commercial assessment of individual mortgages are individual-case questions. Without a concrete file and land register review we make no statement on them.

Legal basis

  • Procedural source: the specific auction file and current land register extract

Statutory texts for orientation; the version in force at the relevant time prevails.

This explanation gives a general overview of Austrian law and does not replace a lawyer’s examination of the individual case.

Questions about an upcoming auction?

Call the firm or send us an email. We will review your enquiry and contact you.

Contact

A direct line to the firm.

Address

BRANDAUER Rechtsanwälte GmbH Giselakai 51 5020 Salzburg